VA LOAN:  100% FINANCING  Fresno County and all of California
Designed to offer long-term financing to American Veterans.  VA loans are issued by federally qualified lenders and are guaranteed by the US Veterans Administration.  It is generally EASIER to qualify for a VA loan than conventtional loans.  Here’s how it works:

*  100% financing WITHOUT mortgage insurance
*  A VA funding fee of 0 to 2% (this may be financed) of the loan amount is paid to the VA
*  When purchasing a home, veterans may borrow up to 100% of the sale price

USDA LOAN: 100% FINANCING  Fresno County and all of California
This is part of the Guaranteed Rural Housing Program. USDA loans have many benefits over the standard conventional or even FHA loan.  Here’s how it works:

*  There is absolutely NO DOWN PAYMENT
*  There is NO MORTGAGE INSURANCE which can save you $$$$ with every
monthly payment
*  Sellers can pay up to 6% of the closing costs
*  The loan is available in Rural Communities only and has a maximum income limit guildlines
*  It is designed to help lesser income families purchase a home
*  Most properties in Fresno, Madera, Tulare and Kings Counties qualify